TCV general partner Jake Reynolds said, “IQMS has built a remarkable franchise in the manufacturing ERP market.

“Having closely followed this space for more than two decades, we were very impressed with the company’s rapid growth, which has been fuelled by its market-leading ERP and MES offering and customer centricity, unparalleled by any other in the sector.

“We are excited to lead the next chapter in IQMS’ journey to help manufacturing companies across the globe.”